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Any reason to hang on?

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fung_derf Member Level  Monday, 05/05/14 03:16:56 PM
Re: temp luvs amy post# 468
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Any reason to hang on?

Quote:
NTT Docomo plans to sell its entire stake in an Indian telecom joint venture, adding its name to the roster of cautionary tales for blue-chip firms seeking entry into India's fast-growing but challenging market. Following five years of losses plagued by telecom license cancellations in a corruption probe and repeated delays in rolling out high-speed networks, Japan's biggest mobile carrier said it plans to sell its 26.5% stake in Tata Teleservices by June. Shares of Docomo rose 5.2% to $16.05.




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